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AP BTC Spread Radar MT5
Real-time spread monitor (points) with an optional moving-average baseline. Lightweight, BTC-friendly. Support via MQL5 messages/comments only.
What it does
- Displays the **live spread** in points for the current symbol.
- Optionally plots a **moving-average** of the spread for context (quiet vs. volatile periods).
- HUD comment (optional) for quick “spread: X pts | MA(N): Y pts”.
- Very low resource usage — safe to leave on BTC M5/M1.
How to use
- Drop the indicator on **BTCUSD** (or any symbol you want to check).
- Choose the **MA period** for the spread baseline (or set to 0 to hide).
- Optionally enable the **chart comment** and set how often it updates.
- If you see unusually high spread compared to the MA, consider pausing new entries.
Tip: On brokers with 10k points ≈ $1 for BTC, “100 pts” ≈ 1¢. Adjust your intuition to your broker’s point scale.
Screenshots
Files in this folder
Quick_Start.md — usage & inputs
Pinned_Comment.txt — short MQL5 pinned comment
Version.txt — version tag for reference
AP_BTC_Spread_Radar_Default.set — sample preset
- PNG screenshots used above
Support via MQL5 messages/comments only. No profit promises or external links.